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KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) has strengthened transparency in the handling of appeals of closed bank accounts by requiring financial institutions to issue written notices to affected account holders, said the Finance Ministry.
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By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 16 (Bernama) -- Discussions are underway on alternative initiatives to encourage electric vehicle (EV) adoption following the removal of excise duty exemptions on completely built-up (CBU) EVs starting in 2026, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
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KUALA LUMPUR, Oct 15 (Bernama) -- The government and 1Malaysia Development Bhd (1MDB) have reached settlements with three financial institutions, namely, Goldman Sachs amounting to US$3.9 billion (RM16.48 billion), AmBank Group amounting to RM2.83 billion, and JP Morgan (Switzerland) Ltd amounting to RM1.4 billion to date.
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KUALA LUMPUR, Oct 13 (Bernama) -- The ringgit could appreciate to RM4 against the US dollar by the end of the year with Malaysia’s bright economic prospects, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said today.
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KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia’s net borrowings are expected to decline slightly in 2026 as further fiscal consolidation under the government’s medium-term fiscal strategy reduces the deficit to RM74.6 billion (2025: -RM76.7 billion), CIMB Investment Bank Bhd said.
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KUALA LUMPUR, Oct 10 (Bernama) -- Following are the highlights from the Finance Ministry’s Economic Outlook 2026 and Fiscal Outlook and Federal Government Revenue Estimates 2026 reports:
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By Siti Noor Afera Abu
KUALA LUMPUR, Oct 10 (Bernama) -- The federal government’s revenue is projected to rise 2.7 per cent to RM343.1 billion in 2026 from RM334.1 billion expected in 2025, mainly driven by tax collections, the Finance Ministry (MoF) said.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Oct 10 (Bernama) – The Malaysian economy is expected to experience moderate growth of four to 4.5 per cent in 2026 compared to 2025 on the back of a challenging global landscape, said Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Oct 9 (Bernama) -- Efforts to strengthen the economy and safeguard the people’s well-being will continue to be prioritised by the MADANI Government, according to Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Oct 2 (Bernama) -- The Economy Ministry has not ruled out the possibility of additional BUDI MADANI RON95 (BUDI95) eligibility quotas for the e-hailing sector during the tabling of Budget 2026 next week.
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KUALA LUMPUR, Sept 30 (Bernama) -- Budget 2026 will incorporate key elements of the 13th Malaysia Plan (13MP), which sets out the country’s priorities, Finance Ministry II Datuk Seri Amir Hamzah Azizan said.
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KUALA LUMPUR, Sept 29 (Bernama) -- Mesiniaga Bhd has secured a RM135.58 million contract from the Finance Ministry, excluding government sales and service tax, to provide marking technology, system development services and comprehensive hardware.